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New World Development Co Ltd (0017.HK)

0017.HK on Hong Kong Stock

9.59HKD
24 May 2017
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Latest Key Developments (Source: Significant Developments)

New World Development says unit entered into HL termination agreement
Monday, 10 Apr 2017 09:14am EDT 

New World Development Co Ltd <0017.HK> : NWCL (as a wholly-owned subsidiary of group) and CTFE entered into HL termination agreement .Both parties agree to terminate former master hotel leasing agreement upon master hotel leasing agreement.  Full Article

New World Development enters service agreements
Monday, 10 Apr 2017 07:39am EDT 

New World Development Co Ltd <0017.HK> : Doo and company entered into services group master services agreement in relation to services group transactions . CTFE and the company entered into the CTFE master services agreement in relation to the CTFE transactions .Services group master deal was entered into with William Doo Wai Hoi non-executive vice-chairman and a nonexecutive director of co.  Full Article

New World Development Co Ltd says HY profit attributable HK$4.34 billion
Tuesday, 21 Feb 2017 11:04pm EST 

New World Development Co Ltd <0017.HK> : HY profit attributable HK$ 4.34 billion versus HK$3.30 billion . HY revenue HK$26.64 billion versus HK$33.78 billion .Board has declared an interim dividend of HK$0.13 per share for financial year ending 30 June 2017.  Full Article

New World Development Co says joint venture agreements for land development in shenzhen
Thursday, 8 Dec 2016 04:01am EST 

New World Development Co Ltd <0017.HK>: Company will jointly develop lands with cmsiz in offshore joint venture arrangement and onshore joint venture arrangements . Joint venture vehicle in offshore joint venture arrangement will be triumphant ally . Total capital commitment of group in respect of onshore joint venture arrangements amounts to approximately rmb5,360.6 million . Announce successful bidding for acquisitions by triumphant and capital injections by guangzhou xinpei .Triumphant ally, is owned as to 51% by keen link, a unit, and as to 49% by excel, unit of cmsiz.  Full Article

New World Development says unit entered into sale and purchase agreement
Tuesday, 15 Nov 2016 09:11am EST 

New World Development Co Ltd <0017.HK>: Purchaser (unit of co) and vendor (unit of CTFE) entered into sale and purchase agreement . Consideration for acquisition will be funded by internal resources and bank financing of NWS group . Deal at a total consideration of hk$1.38 bln .Unit agreed to purchase sale shares, representing 50% of entire issued share capital of nws transport services.  Full Article

New World Development says unit and Fortunate House Ltd entered into conditional agreement
Wednesday, 5 Oct 2016 05:59am EDT 

New World Development Co Ltd <0017.HK> : Vendor,Catchy investments, agreed to sell and assign, sale share and sale loan . Deal at consideration of HK$285 million .Unit and fortunate house limited entered into a conditional agreement.  Full Article

New World Development and Chow Tai Fook to form JV to buy, develop land in Shenzhen<0017.HK>
Thursday, 18 Aug 2016 04:35am EDT 

New World Development Co Ltd <0017.HK>: Connected transaction - formation of joint venture for acquisition and development of land in Qianhai, Shenzhen <0017.HK> . Company and CTFE entered into the heads of agreement relating to the joint venture for the project. . Company and CTFE were awarded a tender by Qianhai authority to acquire the land use rights of the land . Deal for at a consideration of RMB4.21 billion for the development of the project. . Project involves development of financial and commercial complex on land; land is planned for commercial use and will be granted for term of 40 yrs . "CTFE" Chow Tai Fook Enterprises .  Full Article

New World Development to withdraw listing of the NWCL shares from stock exchange<0017.HK><0917.HK>
Friday, 8 Jul 2016 04:20am EDT 

New World Development Co Ltd <0017.HK>: Application has been made to the stock exchange for the withdrawal of listing of the nwcl shares from the stock exchange . Stock exchange approved the application for withdrawal of listing of nwcl shares from stock exchange with effect from 4 August .  Full Article

New World Development updates on sale and purchase agreement<0017.HK><0659.HK>
Monday, 20 Jun 2016 10:46am EDT 

New World Development Co Ltd <0017.HK>: Gain arising from the disposal will be approximately HK$0.85 billion in the financial year ending 30 June 2016 . Units entered into the sale and purchase agreement . Consideration payable by the purchaser to the vendor is HK$3.75 billion . Sale and purchase agreement in respect of the disposal of Shine Fame and the assignment of debt .  Full Article

New World Development Co Ltd recommends final dividend
Wednesday, 23 Sep 2015 02:29pm EDT 

New World Development Co Ltd:Board recommend a final dividend for the year ended 30 June 2015 of HK$0.30 per share.  Full Article

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BRIEF-New World Development says unit entered into HL termination agreement

* NWCL (as a wholly-owned subsidiary of group) and CTFE entered into HL termination agreement